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单词 PRICE LEVEL ADJUSTED MORTGAGE
释义

The fixation of the interest rates of a loan agreement. However, the monthly payments are variable and are determined by adjusting the balance payment according to the consumer price index. Due to the variable nature of the payments, the period of the loan agreement may be extended to allow for complete payment of the balance or may require a baloon payment as the final payment.

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更新时间:2024/12/27 4:26:52